Bloomberg Top News

Binance is no longer offering its Visa debit card in Europe, the latest retrenchment by the world’s largest cryptocurrency exchange.

Former Treasury Secretary Lawrence Summers said the Federal Reserve will at some point have to weigh in on the US government’s growing mountain of debt because of its implications for interest rates.

Blue Owl Capital Inc. is weighing an expansion into Europe through a potential acquisition of rival lender Hayfin Capital Management, according to a person with knowledge of the matter.

Convoy Inc., a Seattle-based trucking startup whose investors include Jeff Bezos and Bill Gates, is closing down its business after a four-month search for an acquirer failed, its founder and Chief Executive Officer Dan Lewis told employees in memo Thursday informing them, “Today is your last day at the company.”

The rooftop solar industry is facing struggles that will eat into profits as panel inventories pile up and demand from consumers slackens due to higher borrowing costs and other inflationary pressures.

For senior executives, the Great Resignation is just getting started.

Mexico’s president threatened to declare a disputed property owned by Vulcan Materials Co. an environmentally protected area, after failing to reach an agreement with the US construction firm.

There is no relief in sight for a historic drought in Brazil’s Amazon that has been disrupting river transport, causing forest fires and killing wildlife, according to a prominent climate scientist.

Louis Dreyfus Co., one of the world’s biggest agricultural traders, said it’s building a soybean processing plant in Ohio to boost production of the vegetable oil that’s been increasingly in demand both for cooking and fuel.